Stellar Lumens broke out of the triangle pattern after completing an ABCDE correction pattern for wave two of the current uptrend impulse. It also hit the resistance of our triangle pattern and went back up. If you are one who waits for confirmation of a trend before making your positions then this recent breakout could be a great indication for a wave three uptrend. A big impulse from BTC could take away or add to Stellars rise so be careful and don't go all in.
DISCLAIMER
This is just my opinion and a first attempt of publishing my technical analysis. This is not investment advice. You are responsible for any investment you make. I am not a technical analyst this is for entertainment purposes only.